Plainville, MA 2nd Quarter 2017 Real Estate Activity Report

During the 2nd quarter of 2017, real estate activity in Plainville saw an increase in total sales volume but a decrease in average sales price.

 

There was a 10% increase in the number of land documents recorded at the Norfolk County Registry of Deeds from the town of Plainville during the 2nd quarter 2017. 518 land documents were recorded versus 472 during the second quarter 2016.  

 

The total volume of real estate sales in Plainville during the 2nd quarter 2017 was $28,646,501, a 3% increase from the same time period in 2016. However, the average sale price of homes and commercial property decreased 36%. The average sale price was $477,441.  

 

The number of mortgages recorded (93) on Plainville properties during the 2nd quarter 2017 was down 9% from the previous year. Total mortgage indebtedness also decreased 12% to $31,438,197 during the same period.

 

There was 1 foreclosure deed filed against a Plainville property during the 2nd quarter 2017 compared to 3 filings during the 2nd quarter 2016. 

 

Finally, homestead activity increased 15% in Plainville during the 2nd quarter 2017 with 47 homesteads filed compared to 41 during the same time period in 2016.

The Norfolk County Registry of Deeds will be closed on Thursday, July 4th in celebration of Independence Day. We are open Friday, July 5th.

The Norfolk County Registry of Deeds is closed Today, July 4th in celebration of Independence Day. We are open Friday, July 5th.